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The article says one of the likealittle people turned $2k into $200k? 10,000% profit? Is there more of an explanation on this somewhere? That seems incredibl
by blhack 15y ago
The article says one of the likealittle people turned $2k into $200k? 10,000% profit?
Is there more of an explanation on this somewhere? That seems incredibly far fetched to me.
- JacobAldridge 15y agoIt's only 10,000% profit if you assume his time had no value. There are plenty of startups who began with a meagre cash investment, but bucket loads of time and effort, that turned into multi-million dollar companies, in some cases without additional funding. So it's not as far fetched as it may seem in a one-liner that makes it sound like an overnight result.
- emreas 15y agoCorrect. It took numerous years (although did substantially outperform the market).
- crasshopper 15y agoWhy didn't you continue trading?